Nigeria, Libya expected to attend OPEC-led panel on Friday

Two OPEC sources confirmed that Nigeria’s oil minister and the head of Libya’s state oil company are likely to attend a joint meeting between...

FG meets NUPENG today as fuel depots remain shut following strike

The nationwide strike called by the United Labour Congress of Nigeria commenced on Monday and led to the shutdown of fuel depots in Apapa,...

Shelf Drilling jack-up rig wins work offshore Nigeria

Offshore driller Shelf Drilling has found work for one of its West Africa-based jack-up drilling rigs offshore Nigeria, Offshore Energy Today reports. According to information...

Apapa jetty fire incident will not affect supply of petroleum products – NNPC

The Nigerian National Petroleum Corporation, NNPC, has assured motorists and other consumers of petroleum products nationwide that the fire incident which occurred at Apapa...

DPR sets bid round guidelines for award of 46 marginal oil fields

The federal government through the Department of Petroleum Resources (DPR) has set the guidelines for the marginal oil field bid round scheduled to take...

Eland Oil & Gas commences Opuama-7 operations

Eland Oil & Gas PLC (AIM: ELA), an oil & gas production and development company operating in West Africa with an initial focus on...

No lifting from Lagos oil field in Q2 – Panoro Energy

One of the joint venture partners in Aje field, offshore Lagos, said there was no oil lifting from the field in the second quarter...

Kachikwu gives Nigeria 10 years to earn revenue from oil

The Minister of State for Petroleum Resources, Dr Ibe Kachikwu, says the world is moving away from oil, hence, it will no longer be...

Nigerian crude differentials fall – Traders

Activity was muted on Thursday with cargoes lingering after being on offer for some two weeks, with levels falling for Nigerian grades, Reuters reports. About...

Uganda awards Nigerian, Australian firms oil exploration licences

Uganda has issued three more oil exploration licences to Nigerian and Australian firms as the country steps up efforts to become an oil producer...

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